Docusign Inc (NASDAQ: DOCU) shares are trading higher on Thursday.
RBC Capital maintained an Outperform rating and raised its price target from $85 to $150. Citigroup maintained a Buy and also raised its price target from $85 to $150.
Docusign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
Docusign shares were trading up 3.63% to $133.45 at time of publication on Thursday. The stock has a 52-week high of $136.29 and a 52-week low of $43.13.